NOT LISTED FOR SALE

8406 Rapley Ridge Ln Potomac, MD 20854

Estimated Value: $2,513,700 - $3,003,000

6 Beds
8 Baths
6,258 Sq Ft
$451/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $2,800,000 $447 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $17,364/month

110 Days on Market

Highlights

  • Golf Club
  • Community Stables
  • Gourmet Kitchen
  • Seven Locks Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of November 2013

$200,000 REDUCTION! SELLER HAS OVER $3.6M IN PROPERTY! TAKE ADVANTAGE OF THEIR MOTIVATION TO SELL NOW! HOUSE IS AMAZING! Beautifully built 7800 sq ft stone & shingle Frank Bell Georgian Colonial! Good taste and superior craftsmanship are evident throughout, w/ top-of-the-line finishes; Water Works, Nierman Weeks, Sub Zero, Viking, Asko, Calcutta Gold Marble, Granite, & Omni Brass & more.

Last Agent to Sell the Property

Kara Sheehan

TTR Sotheby's International Realty License #SP98356137 Listed on: 05/31/2013

TTR Sotheby's International Realty

Last Buyer's Agent

Leslie Friedson

Compass License #504495

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,923

Year Built

  • Built in 1998 | Remodeled in 2010

Lot Details

  • 0.5 Acre Lot
  • Property is zoned RE2C

HOA Fees

  • $626 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Family Room Off Kitchen
  • Dining Area
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • 8 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 161003135982

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, road maintenance, snow removal, trash, security gate
  • Built by FRANK BELL
  • Avenel Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Meeting Room
  • Party Room
  • Recreation Room

Recreation

  • Golf Club
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Pool Membership Available
  • Community Stables
  • Horse Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,923

Year Built

Built in 1998 | Remodeled in 2010

Lot Details

0

HOA Fees

$626 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1998
  • Year Renovated: 2010
  • Remarks Public: $200,000 REDUCTION! SELLER HAS OVER $3.6M IN PROPERTY! TAKE ADVANTAGE OF THEIR MOTIVATION TO SELL NOW! HOUSE IS AMAZING! Beautifully built 7800 sq ft stone & shingle Frank Bell Georgian Colonial! Good taste and superior craftsmanship are evident throughout, w/ top-of-the-line finishes; Water Works, Nierman Weeks, Sub Zero, Viking, Asko, Calcutta Gold Marble, Granite, & Omni Brass & more.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Kitchen - Gourmet, Dining Area
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 8406

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Construction Materials: Hardiplank Type, Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 626.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Club House, Common Grounds, Community Center, Exercise Room, Gated Community, Golf Club, Golf Course Membership Available, Horse Trails, Meeting Room, Party Room, Picnic Area, Pool Mem Avail, Pool - Outdoor, Recreational Center, Riding/Stables, Security, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Road Maintenance, Snow Removal, Trash, Security Gate
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Lot Size Acres: 0.50
  • Lot Size Area: 21941
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21941.00
  • Year Assessed: 2013
  • Zoning: RE2C

Building Info

  • Builder Name: FRANK BELL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 19922.56
  • Assessor Parcel Number: 161003135982
  • Tax Lot: 90
  • Tax Total Finished Sq Ft: 5803
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/15/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2014
Sold by
Perry Aaron
Bought by
Perry Aaron and Perry Lauren Gold
Current Estimated Value
$2,820,900

Purchase Details

Listed on
May 31, 2013
Closed on
Nov 15, 2013
Sold by
Perdikis Alexander L and Koons Dresden M
Bought by
Perry Aaron
Seller's Agent
Kara Sheehan
TTR Sotheby's International Realty
Buyer's Agent
Leslie Friedson
Compass
List Price
$3,195,000
Sold Price
$2,800,000
Premium/Discount to List
-$395,000
-12.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%
Original Mortgage
$1,400,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2005
Sold by
Wolf Mary G B
Bought by
Perdikis Alexander L and Koons Dresden M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 2005
Sold by
Wolf Mary G B
Bought by
Perdikis Alexander L and Koons Dresden M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1998
Sold by
Bell Builders Inc
Bought by
Wolf Mary G B

Purchase Details

Closed on
Jun 17, 1997
Sold by
Rock Run Ltd Ptnshp
Bought by
Bell Builders Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perry Aaron -- None Available
Perry Aaron $2,800,000 Rgs Title Llc
Perdikis Alexander L $3,150,000 --
Perdikis Alexander L $3,150,000 --
Perdikis Alexander L $3,150,000 --
Perdikis Alexander L $3,150,000 --
Wolf Mary G B $400,000 --
Bell Builders Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Aaron $1,380,000
Previous Owner Perry Aaron $1,400,000
Previous Owner Perdikis Alexander L $1,570,000
Previous Owner Perdikis Alexander L $300,000
Previous Owner Perdikis Alexander L $1,605,000
Previous Owner Perdikis Alexander L $1,605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $2,800,000 -6.5% $447 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
09/09/2013 09/09/13 Price Changed $2,995,000 -6.3% $479 / Sq Ft
05/31/2013 05/31/13 For Sale $3,195,000 -- $511 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,504 $1,718,500 $877,900 $840,600
2024 $20,504 $1,718,500 $877,900 $840,600
2023 $19,780 $1,718,500 $877,900 $840,600
2022 $20,084 $1,824,100 $877,900 $946,200
2021 $19,977 $1,824,100 $877,900 $946,200
2020 $19,977 $1,824,100 $877,900 $946,200
2019 $27,402 $2,500,000 $877,900 $1,622,100
2018 $27,075 $2,466,667 $0 $0
2017 $26,427 $2,496,900 $0 $0
2016 $18,434 $2,400,000 $0 $0
2015 $18,434 $1,889,633 $0 $0
2014 $18,434 $1,824,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003544816

Bright MLS

APN: 10-03135982